David Phipps - 05 Jan 2022 Form 4 Insider Report for ORBSAT CORP (NXPL)

Reporting relationship: President/ CEO of Global Ops, Director
Issuer ticker: NXPL
Reported as of: 05 Jan 2022
Net transaction value: +$150,002
SEC form: 4
Accepted by SEC: 06 Jan 2022, 14:14:38 UTC
Prior SEC filing: 20 Dec 2021
Next SEC filing: 20 Dec 2022
Source filing: View source filing
Reporting owner signature: /s/ David Phipps

Key filing fact

David Phipps filed Form 4 for ORBSAT CORP (NXPL) on 06 Jan 2022.

Key facts

This page summarizes David Phipps's Form 4 filing for ORBSAT CORP (NXPL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 06 Jan 2022, 14:14.

Change

Previous filing in this sequence was filed on 20 Dec 2021.
Current net transaction value: +$150,002.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXPLW transaction

Common Stock, par value $0.0001

Purchase

Transaction value: $150,002
Shares: +46,297
Change %: +13%
Price: $3.24
Shares after: 393,288
Date: 05 Jan 2022
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents 46,297 shares of the Issuer's common stock acquired by the Reporting Person from the Issuer in a private placement transaction that closed on January 5, 2022, pursuant to a Securities Purchase Agreement dated December 31, 2021. The purchase price for the acquired shares was $3.24 per share, which is the closing transaction price of the Issuer's common stock reported by Nasdaq on December 31, 2021.